Mukesh Ambani Becomes 2nd Richest Man In Asia
Mukesh Ambani has surpassed Li Ka-shing to become Asia’s 2nd richest man as investors rallied behind his efforts to arm India’s poor with cheap data-loaded phones. According to the Bloomberg’s Billionaire Index, Ambani’s net worth has increased to USD 34.8 billion, thereby making him 19th richest person in the world, up from 29 at the end of 2016. Alibaba Group founder Jack Ma is currently the richest person in Asia.